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Vedanta appoints Ajay Dixit as Chief Executive Officer, Power

Dixit will be responsible to grow the business through synergies and drive operational excellence of the 9097 Mw power business

Glaring arithmetic errors in Karnataka HC judgement on Jayalalithaa

Opposition allege that Rs 13.5 crore has been added erroneously in the calculation of income

SpiceJet renews focus on ancillary revenue

The percentage of ancillary revenue as a part of total revenue of Indian carriers is estimated to be 5-7%

DBS submits application to RBI to set up a subsidiary in India

The lender is looking at having a network of 50-75 branches in the next three-five years

Bad loans will continue to plague banks: CRISIL

About 40% of restructured assets have turned NPAs, says CRISIL

BCCL to buy out Religare stake in life insurer

Bennett, Coleman and Company Limited has been a stakeholder in the life insurer ever since its inception in 2008

April CPI Inflation at 4.87%; lowest in four months

Hopes of rate cut by central bank rise

March industrial growth at 5-month low of 2.1%

Rose 2.8% in 2014-15 against contraction of 0.1% in previous year

Aditya Birla Retail buys Total Superstore

Slump sale deal continues with the consolidation in the $500-billion sector

To turn a profit by end-2016: Myntra

To be an app-only company from May 15; Eyes $5 bn gross merchandise value in next few years

Stocks tumble as rupee falls to 20-month low

Bond yields rise 6 basis points in tune with global trend that triggered flight of capital

Congress hits out BJP govt's 'tax terrorism'

Urges govt to curb its tax-related misadventures

Modi to meet Xi in his hometown

Large number of agreements with China on cards

RS disrupted again over Gadkari issue

The Congress has been disrupting proceedings in the House since three days

Jethmalani targets Modi govt in Supreme Court

Judge reserves order in YES Bank case

Bidding starts for imported gas supply to power plants

Under the new gas mechanism, every stakeholder in the supply chain would have to forego a part of their returns on operations

Deepak Iyer appointed as MD & CEO of Bharti AXA General

He is expected to join by June-end

Govt refers land Bill to joint committee

The 30-member panel, comprising both Lok Sabha and Rajya Sabha members, will have to give its report on the first day of Monsoon session

Govt takes away one coal block from R-Power's Sasan project

Move comes a week after the firm pulled out of Tilaiya UMPP